Auxton Computer Enterprises Inc.

April 14, 1986

Insider Trading is a weekly report of stock transactions involving officers, directors and owners of 10 percent or more of a publicly held company.

Corporate insiders historically make more economically sound decisions in trading their own company's stock than do other investors. Insider trading activity also is often a bellwether of corporate health. Most insiders buy stock or exercise options to make a profit.

On the other hand, selling by insiders is not necessarily negative. Insiders may sell stock for tax reasons, estate planning or cash needs.

The following insider transactions involving companies with interests in Florida are the most recent reported to the Securities Exchange Commission and the New York and American stock exchanges.

Richard Licursi, officer and director, sold 10,000 shares at $10.63 per share on March 11. He now holds directly 56,560 shares.

John E. Toler Jr., vice president, acquired 2,000 shares at $28.22 per share on March 20. He now holds directly 4,600 shares. Joseph Vales, vice president, acquired 3,000 shares at $27.50 per share on March 25. He now holds directly 7,000 shares.

FIRST BANKERS CORP. OF FLORIDA

Hilbert E. Nace, officer and director, disposed of by gift 500 shares at an unreported price per share on March 25. He now holds directly 10,003 shares.

FLORIDA PROGRESS CORP.

Gus A. Stavros, vice president, sold 50,000 shares at $37 per share on March 27. He now holds directly 450,000 shares.

FLORIDA ROCK INDUSTRIES INC.

Ruggles B. Carlson, vice president, exercised an option for 1,500 shares at $26.63 per share on March 25. He now holds directly 8,000 shares. S. Robert Hays, shareholder, exercised an option for 3,500 shares at $26.63 per share on March 24. He now holds directly 4,083 shares.

GANNETT CO.

Gannett Foundation Inc., beneficial owner, disposed of by gift 2,739 shares at an unreported price per share on March 17. The company now holds directly 8,638,492 shares. John C. Quinn, officer and director, sold 1,800 shares at $70.75 per share on March 11. He now holds directly 39,171 shares.

WALTER (JIM) CORP.

Armando Flores, vice president, exercised an option for 542 shares at $28.40 per share on March 6. He now holds directly 3,467 shares. Stanley Gurak, vice president, exercised an option for 760 shares at $28.40 per share on March 12. He now holds directly 7,917 shares.

LOCKHEED CORP.

Dale H. Daniels, shareholder, sold 6,886 shares between $49.88 and $54.88 per share from Jan. 21 to March 17. He no longer directly owns shares in the company. Vincent N. Marafino, vice president, disposed of by gift 650 shares at $58 per share on March 21. He now holds directly 28,452 shares. Edward J. Shockley, vice president, sold 3,414 shares at $56 per share from March 4 to March 18. He now holds directly 3,609 shares. Daniel M. Tellep, divisional officer, purchased 10 shares and sold and disposed of by gift 2,939 shares between an unreported price and $55.38 per share from March 11 to March 18.

MCDONNELL DOUGLAS CORP.

Sanford N. McDonnell, chairman, exercised an option for 5,106 and disposed of 1,764 shares at an unreported price per share on March 18. He now holds directly 73,918 shares.

MOTOROLA INC.

James R. Lincicome, vice president, exercised an option for 6,615 and disposed of 2,960 shares at $22.77 per share on March 18. He now holds directly 13,390 shares. James A. Norling, vice president, sold 1,500 shares at $43 per share on March 3. He now holds directly 3,105 shares.